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Sourcing Omega Speedy

Davidt
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O Om-ega
At the outset let me thank you for the advice and couple of informative suggestions from fellow members. At the same time I am equally surprised by the harshness and bad jokes on very innocuous questions from another watch enthusiast. No one is asking to share your contacts, and so called IP - naivety is not bliss. This is no NASDAQ nor a big boys club but was expecting some large heartedness in sharing information or pointers to a novice. It would have been great to know your views on avoiding counterfeit, standardization and pricing(inflated by some) which a site like http://speedmaster101.com/ addresses. So guy's hold strong to your trade secrets while I will find my way.

I'm shocked that you're shocked.

If you had asked for help as a novice collector you would have received a warm welcome.

The fact is your looking for a shortcut to help you cash in on the current Speedy fever, to allow you to compete with dealers who have already it in the hard yards and paid the price for mistakes along the way.
 
cristos71
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O Om-ega
At the outset let me thank you for the advice and couple of informative suggestions from fellow members. At the same time I am equally surprised by the harshness and bad jokes on very innocuous questions from another watch enthusiast. No one is asking to share your contacts, and so called IP - naivety is not bliss. This is no NASDAQ nor a big boys club but was expecting some large heartedness in sharing information or pointers to a novice. It would have been great to know your views on avoiding counterfeit, standardization and pricing(inflated by some) which a site like http://speedmaster101.com/ addresses. So guy's hold strong to your trade secrets while I will find my way.

Maybe it does sound harsh to you, coming here to OF with your first post, stating that you want to become a Speedmaster dealer and asking ( perhaps in all innocence ) if we will we all help to point you in the right direction of all those cheap Speedmasters that are floating around, so you can then sell them on to us collectors with your dealers mark up.

But you should look at it from the other side, you neither have ideas about a margin, nor really where to source the product. Without wanting to spill the beans or state the bleedin' obvious there is no set margin on a vintage watch be it a Speedmaster or otherwise. They are second hand products, sourced from a thousand and one places, and for the same model a thousand people could pay a thousand different prices. The important thing to know is a selling range per model ( with additional condition grades of course ) and work backwards from there, to ensure you don't pay too much.

Why would the members here help somebody who's stated mission is to take a profit margin on a Speedmaster that could with all probability be then sold on to another member here? Incredible 😵‍💫
 
O
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That's your thinking....I have already explained by position.
 
tyrantlizardrex
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O Om-ega
I am not asking all that....it does not work that way at all.

Really? Because your first post was:

"I am looking to start a private sales of Omega Speedmaster's and need some advice in this regard. Where do you source them from ? What kind of margins do you expect from individual pieces(on an average)?"

Which I'm through very little personal interpretation reading as: "I'd like to sell Speedmasters, please tell me where to buy them, and how much profit I can make on each piece".

You appear to have done no research, but instead turned up on a forum full of enthusiasts, and asked how to go about making money from them.
 
Davidt
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If we've misinterpreted your post then why not start again and explain what your looking for help with.

Perhaps something got lost in translation.
 
bazamu
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🍿
I love posts like this. Keep going keep going!

On a serious note - OF is the most open-armed community that I've found on the interwebs (at least for the brands that I collect). That said, members that actually add to the pot of knowledge and don't expect to be spoon-fed anything are the ones that end up sticking around. There are literally thousands of posts on here about topics that would be extremely helpful to a novice like yourself. Start your journey by using the search bar, rather than starting a thread asking for all the answers.

Teach a man to fish.
 
tyrantlizardrex
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O Om-ega
Sure. As explained earlier, all I am looking at is views and information at avoiding counterfeit, standardization and pricing similar to that in http://speedmaster101.com/ .

But that's not what you asked was it?

You asked about margins, and where to buy... and that's why you got the responses you got.
 
bazamu
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O Om-ega
Sure. As explained earlier, all I am looking at is views and information at avoiding counterfeit, standardization and pricing similar to that in http://speedmaster101.com/ .
Search bar. There have been many like you, and there will be many after you. Spend a day or two going through those threads first. Then come back with specific questions about something that still doesn't make sense.
 
Taddyangle
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It's all on this web site. Spend time here, build relationships and it falls into place.
 
O
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Well thereafter I have stated clearly in an earlier reply which you have missed out .
 
dsio
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I think this thread has run its course now, other threads more worthy of being on top of latest
 
Faz
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O Om-ega
At the outset let me thank you for the advice and couple of informative suggestions from fellow members. At the same time I am equally surprised by the harshness and bad jokes on very innocuous questions from another watch enthusiast. No one is asking to share your contacts, and so called IP - naivety is not bliss. This is no NASDAQ nor a big boys club but was expecting some large heartedness in sharing information or pointers to a novice. It would have been great to know your views on avoiding counterfeit, standardization and pricing(inflated by some) which a site like http://speedmaster101.com/ addresses. So guy's hold strong to your trade secrets while I will find my way.

The problem is that you want to start a business by asking watch enthusiasts/collectors for advice. I think you are knocking on the wrong door with your query and you need to grow a much thicker skin if you want to venture that way. I for one find that your question is very much misplaced on this forum. Margins?? Really? 😲
 
Davidt
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Okay. Spend hours and hours searching various old threads here. One will lead you onto another, which will raise another query in your head and before you know it you'll have been reading for hours.

Read speedmaster101 from start to finish. Then again. Than again.

Buy Moonwatch Only and read that.

Research listings (active, sold, ended) on eBay and keep following new ones.

Do the same for FS threads on this and other forums, auctions site etc.

Then appreciate that it takes a long time to buld up the required level of knowledge and without it you'll either end up losing a lot of money or taking advantage of naive buyers who'll overspend on something because they believe that a dealer has a good knowledge of what something is and what it's worth.
 
repoman
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O Om-ega
Hello ,
Hi.
I am looking to start a private sales of Omega Speedmaster's and need some advice in this regard
Don't, there are easier ways to make a buck.

Where do you source them from ?
Omega boutiques, I pay full retail.
What kind of margins do you expect from individual pieces(on an average)?
On average, I would lose about 25-30%.

Any information will be of huge help. Thanks in advance.
Happy to help.
 
vadimo
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think it is cheeky to come here and ask for where to source and margins to use.

it reminds of car dealers that you go to and has many cars but no experience and when you ask something specific about the car, they intentionally lie or just say yes with uncertainty or worse even do not know anything about cars. I rather go find someone else that knows/specialises and has many experience.
 
Spacefruit
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O Om-ega
I am not asking all that....it does not work that way at all.

Really? You absolutely did:
O Om-ega
Hello ,

I am looking to start a private sales of Omega Speedmaster's and need some advice in this regard. Where do you source them from ? What kind of margins do you expect from individual pieces(on an average)?
Any information will be of huge help. Thanks in advance.

I think the best advice I can give is:

If you have to ask, you wont be able to do it.
 
RawArcher
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CanberraOmega CanberraOmega
I'm an experienced dealer who has spent years creating networks and working out the best place to source vintage watches at a good price. Now, I'm going to share my intellectual property with all and sundry.
Sundry likes this
 
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